By Reshmi Basu
New York, July 19 - DaimlerChrysler Mexico Holding SA de CV sold a total of Ps. 600 million of certificados bursatiles (/mxA1+/F1+(mex)) in three tranches on Wednesday.
The issuer sold Ps. 450 million of 28-day certificados bursatiles (/mxA1+/F1+(mex)) at 99.447 to yield 7.15%. Bids ranged from 7.15% to 7.18%.
The second tranche included Ps. 100 million of 91-day certificados bursatiles, which priced at 98.149667 to yield 7.46%. Bids ranged from 7.45% to 7.47%.
The third tranche is comprised of Ps. 50 million of 182-day certificados bursatiles, which priced at 96.233611 to yield 7.74%. Bids ranged from 7.72% to 7.77%.
Scotia Inverlat Casa de Bolsa SA de CV was the auction agent for all three transactions.
The 28-day certificates are issue number 069 in DaimlerChrysler's current certificados bursatiles program. The 91-day certificates are issue number 070, and the 182-day certificates are issue number 071.
The issuer, based in Mexico City, is the financial arm for DaimlerChrysler.
Issuer: | DaimlerChrysler Mexico Holding SA de CV
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Issue: | Certificados bursatiles
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Auction date: | July 19
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Settlement date: | July 20
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Auction agent: | Scotia Inverlat Casa de Bolsa SA de CV
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Ratings: | Standard & Poor's: mxA-1+
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| Fitch: F1+(mex)
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|
28-day tranche
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Amount: | Ps. 450 million
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Maturity: | Aug. 17, 2006
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Issue price: | 99.447
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Discount rate: | 7.11%
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Yield: | 7.15%
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|
91-day tranche
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Amount: | Ps. 100 million
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Maturity: | Oct. 19, 2006
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Issue price: | 98.149667
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Discount rate: | 7.32%
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Yield: | 7.46%
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|
182-day tranche
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Amount: | Ps. 50 million
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Maturity: | Jan. 18, 2007
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Issue price: | 96.233611
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Discount rate: | 7.45%
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Yield: | 7.74%
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